Welcome to our dedicated page for Array Technologies news (Ticker: ARRY), a resource for investors and traders seeking the latest updates and insights on Array Technologies stock.
Array Technologies, Inc. (NASDAQ: ARRY) delivers innovative solar tracking systems that optimize energy production for utility-scale projects worldwide. This dedicated news hub provides investors and industry professionals with essential updates on the company’s operational milestones, financial performance, and technological advancements.
Access authoritative information including earnings announcements, product innovation updates, strategic partnerships, and leadership developments. Our curated collection ensures you stay informed about ARRY’s role in advancing renewable energy infrastructure through reliable single-axis trackers and ground-mounting solutions.
Key updates cover manufacturing expansions, supply chain enhancements, and sustainability initiatives critical to the solar energy sector. Bookmark this page for direct access to verified press releases and market analyses that demonstrate Array Technologies’ commitment to solar tracking excellence.
Array Technologies, Inc. (Nasdaq: ARRY) announced it will release its first quarter 2023 results on May 9, 2023, after market close. A conference call is scheduled for 5:00 p.m. ET that same day, accessible via phone and online. Investors can dial (877)-451-6152 domestically or (201)-389-0879 internationally to participate. A telephonic replay will be available three hours post-call until May 23, 2023. Array Technologies is a global leader in solar tracker technology, focused on enhancing energy production under varied conditions. The company is committed to driving sustainable energy adoption and operates a diversified global supply chain.
Array Technologies reported robust financial results for Q4 2022 and the full year, with revenue reaching $402.1 million in Q4, up 83% year-over-year, and $1.6 billion for the full year, marking a 92% increase. The net loss narrowed to $17.3 million in Q4, compared to $32.1 million the previous year. Adjusted EBITDA surged to $51.7 million in Q4 from $0.5 million a year prior. The company holds an order book of $1.9 billion and provides optimistic guidance for 2023, forecasting revenue between $1.8 billion and $1.95 billion and adjusted EBITDA of $240 million to $265 million.
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